Replies to post #15379 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[C C]

natty futures contract price May 2.748
change = .00....open = .00
high = 2.748....low = 2.748

appears willing to pay for May contracts = 2.748
this could get real ugly



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[C C]

When openinetrest drops entering short side
still holding my DGAZ

May 19 futures willing to pay 2.748
they are not budging

edit.....openinterest still dropping
understand there are law suits out there because of hurricane
they not able to meet contracts
don't see how they can win that one
not responsible for mother nature



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[C C]

Sept of 19 contracts only 8 have traded = 2.748


The May tru Dec of 19 contracts not willing to pay todays prices is weighing downward pressure on current contract prices

edit.....

DGAZ and UGAZ trades off a basket of futures contract prices
including full breath of contracts you see on chart into Dec of 29

as future months stall out it brings current months downward pressure
prices are too high for now
they are not willing to pay current prices

will prices go to 2.748
don't know
will they meet in middle some where between 2.748 and current prices
probably




cc